Economic Times
Sensex jumps 500 points, Nifty nears 23,400 as oil prices cool down despite Middle East tensions. What lies ahead?
On Monday, Indian stock markets soared as both Sensex and Nifty recorded impressive rises, fueled by declining oil prices and an optimistic global outlook that buoyed investor morale. Major players such as UltraTech Cement and HDFC Bank showcased remarkable earnings, driving their stock prices higher. Nevertheless, broader indices like Nifty Midcap and Smallcap struggled, with FMCG, Pharma, Realty, and Consumer Durables leading sector gains, whereas Metal stocks lagged behind.
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